Dr. Ing. h.c. F. Porsche AG Bearer Shares P911

Morningstar Rating
€69.04 −1.96 (2.76%)
View Full Chart

Company Report

Investments Should Lead to Long-Term Sales Growth for Narrow-Moat Porsche

Because of its intangible assets, including brand strength and intellectual property, Porsche has a narrow economic moat rating. The brand is synonymous with motorsports and highly engineered, fun to drive, sports cars. Brand strength has enabled a premium to luxury price range across Porsche's product portfolio, while intellectual property supports the brand image from racing-inspired engineering and well-executed product. Porsche is one of only a handful of automakers to which we assign an economic moat.

Price vs Fair Value

P911 is trading at a 475% premium.
Price
€71.00
Fair Value
€99.00
Uncertainty
High
1-Star Price
€766.80
5-Star Price
€54.10
Economic Moat
Rhzwp
Capital Allocation
Pmjykxmj

Bulls Say, Bears Say

Bulls

Porsche possesses durable competitive advantages, given the strength and global recognition of the brand from its motorsports heritage. Its customers regularly rate its vehicles as some of the best to own.

Bears

Porsche operates in the highly cyclical, capital-intensive automotive business, where overcapacity restricts pricing and constrains economic profits.

News

Trading Information

Previous Close Price
€71.00
Day Range
€68.7870.78
52-Week Range
€63.6896.56
Bid/Ask
€69.00 / €69.04
Market Cap
€62.90 Bil
Volume/Avg
136,472 / 587,706

Key Statistics

Price/Earnings (Normalized)
16.34
Price/Sales
1.64
Dividend Yield (Trailing)
3.25%
Dividend Yield (Forward)
3.25%
Total Yield
3.25%

Company Profile

Porsche engineers and manufactures premium and luxury sports cars and sports crossovers. The Porsche brand is synonymous with motorsports, German engineering, and fast, fun to drive, sports cars. The firm also has a captive finance company that provides funding for dealers and customers. In 2023, there were over 320,000 Porsche vehicles delivered to customers with about 25% going to China, 32% to Europe, 27% to North America, and 16% to rest of world.
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Stock Style Box
Large Value
Total Number of Employees
39,247

Competitors

Valuation

Metric
P911
STLAM
VWAGY
Price/Earnings (Normalized)
16.342.393.15
Price/Book Value
2.970.450.31
Price/Sales
1.640.220.15
Price/Cash Flow
7.701.681.08
Price/Earnings
P911
STLAM
VWAGY

Financial Strength

Metric
P911
STLAM
VWAGY
Quick Ratio
0.890.780.87
Current Ratio
1.361.141.14
Interest Coverage
10.0039.74
Quick Ratio
P911
STLAM
VWAGY

Profitability

Metric
P911
STLAM
VWAGY
Return on Assets (Normalized)
8.93%7.32%2.74%
Return on Equity (Normalized)
21.27%18.51%10.34%
Return on Invested Capital (Normalized)
16.47%12.47%4.46%
Return on Assets
P911
STLAM
VWAGY

Auto Manufacturers Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Tesla Inc
TSLA
RngrprfngJrshrv$795.5 Bil
Toyota Motor Corp ADR
TM
GdrmgnphxLgdyt$240.2 Bil
Ferrari NV
RACE
BqsqqmqRdgbm$82.4 Bil
Mercedes-Benz Group AG
MBGAF
TxfjcgksVzmsfh$67.9 Bil
Bayerische Motoren Werke AG ADR - Unsponsored
BMWKY
RwhnwwqhFqpkkz$54.6 Bil
Volkswagen AG ADR
VWAGY
KybWqc$53.2 Bil
Volkswagen AG ADR
VWAPY
NchlYqvyk$53.2 Bil
General Motors Co
GM
GmqtyhctHljj$50.4 Bil
Honda Motor Co Ltd ADR
HMC
GrfrmklrKjd$49.9 Bil
Ford Motor Co
F
YgcqkgkfsWczw$41.7 Bil

Sponsor Center